The fourth season of TV’s once underrated drama has maxed out on everything – sex, nastiness, nihilism – and it’s been a major miscalculationThere’s a lot of talk about growth on Industry, the hit HBO/BBC drama concerning the ruthless world of London finance. Characters wax poetic and soothingly incoherent (to the layperson) about stocks and shorts, asset values and private funds. Charismatic entrepreneurs peddle the latest groundbreaking green energy company or democratized bank or, to quote one particularly foul-mouthed character in a show full of scoundrels, “the Paypal of bukkake”. All espouse and consecrate the profit motive.Naturally, there’s a lot of hot air; in the show’s caustic nexus of business, politics and global media – not so much a fun-house mirror as a high-budget, impressionistic rendering of five minutes scrolling X – your worth is not in dollars or pounds but in narrative confidence. “We don’t need proof,” says one short-seller out for the kill, “because we finally have a good story to tell”. Cooked books can be explained as “simply a misalignment between the velocity of my vision and the velocity of regulation”, according to the slippery fintech entrepreneur Whitney Halberstram, played with reptilian cool by Max Minghella, in the fourth season’s most recent episode. The gap in between is “where smart people have always made money”. Continue reading...